Stock trading can be a high-stakes game. On certain days, you could have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be extremely difficult to return to the point you were at your best. If you’re immersed in the water, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve experienced occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your growth within the field. We’ll take a look at Profit.ly A well-respected single-stop social platform to trade!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Alerts For Free
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide range of features and tools such as trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those new to trading and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” This idea, he added, served two objectives: one) making public records for everyone, not just the experts and newsletter writers and students as well as) giving everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Tim Sykes Alerts For Free
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared toward success. It is possible to create an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into their performance as a trading group and its experts. It’s not only a chance to prove that you’re worthy to the group of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may decide to share your trades, whether verified or not, by taking screenshots. In Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile, and more ways to interact with your experts through the chatroom along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small companies to move to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned significant amounts of profit from their combined years of knowledge. Tim Sykes Alerts For Free
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you will see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Alerts For Free
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, the daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally you’ll also gain the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. As you sign up for this plan you’ll be given a slew of robust and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. It is in this plan that you can set up a private profile to share with other associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to harness their skills in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ statistics, which could be a disadvantage for those who are eager to try this new tier. Tim Sykes Alerts For Free
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off for billing annually, this tier has it all. You get full, no-holds-barred access to all the options of the previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the chance to create an individual profile. These two features are on top of all the benefits that you can use to the maximum extent. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of other services they offer. One of these is its online store, which lets users pick from a range of video products created to guide you through the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You are probably familiar with the concept of the chat room since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly it’s seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be more laid back and rarely active, while another may be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. Considering the number of offers it offers this platform definitely has something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. They will also be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able choose from the items from its online store that they can take with them wherever they may be. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that the process is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. While the newbies may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s range of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the fun! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Tim Sykes Alerts For Free
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep an open mind. Tim Sykes Alerts For Free
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck may discover Profit.ly’s variety of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ Tim Sykes Alerts For Free
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard. It lets you record your trades, verifiable or not. There are three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.